The DXY advanced to new trend highs in N.Y. morning trade on Wednesday, though pulled back a bit after the FOMC minutes release, even after the Fed indicated a June rate hike is in the cards, and revealed concerns that trade disputes could damage business sentiment. EUR-USD rallied to 1.1695 from 1.1680, while USD-JPY slipped to 110.19 from near 110.30. USD-CAD pulled back from highs on reports that NAFTA talks were progressing. Cable, meanwhile, remained heavy under 1.3360.
[EUR, USD]